Category: Index/Ranks

India Ratings and Research expects GDP growth at 5.5 percent in FY21

According to India Ratings and Research, India’s GDP is expected to grow at 5.5 percent in FY21 as against the estimated 5 percent in FY20. The slowdown was due to a combination of factors including an abrupt and significant fall in NBFCs’ and bank lending, reduced income growth and savings of households and rising debt.

Sunil Sinha, economist, India Ratings stated that, a strong policy push coupled with some heavy lifting by the government is required to revive the domestic demand cycle and catapult the economy back into a high growth phase. According to the ratings firm, a continuance of low GDP growth even in FY21 means subdued tax revenue and limited room for stepping up expenditure.

Gujarat emerged as top governing state in 2019 Skoch rankings

Gujarat replaced West Bengal to become the top governed state in the 2019 Skoch rankings. Poll-bound Delhi was at the 19th place, lower than 15th spot it occupied in the previous two years.

Delhi is ranked fifth on the parameter of health, one of its main claims of governance. There are 22 parameters that go into the overall ranking, while health and cleanliness dominated the good governance initiatives across the country in 2019.

India secures 5th rank in Carbon Disclosure Project 2019

Global non-profit organization published the annual Carbon Disclosure Project 2019. The United States of America secured the top spot followed by Japan, United Kindom and France while India secured the 5th spot on the project report.

The Report said that a total of 58 companies shared details about the environment-related activities undertaken by them in this year. The report also claims that over 98 percent of top Indian companies have formed some type or committee or group within its organization to drive and address climate-related issues.

Carbon Disclosure Project, an initiative of the Global Reporting Initiative, is aimed at measuring the carbon reduction activities undertaken by different companies and firms operating in various countries across the globe.

Henley Passport Index 2020: India ranks 84th, Japan told

Henley Passport Index 2020 recently released the rankings of the world’s most powerful passports. The rankings of these passports are based on data collected from the International Air Transport Association (IATA). The list included passports of 199 countries and 227 tourist places. This list has been prepared based on new visa policies. The list included the most powerful and weakest passport of the world.

Japan has topped the Index for third consecutive year followed by Singapore, Germany, and South Korea. The Indian passport ranked 84th, along with Tajikistan and Mauritania. The top 10 most powerful passports for 2020 are Japan, Singapore, South Korea, Germany, Italy, Finland, Spain, USA and UK, Luxembourg, Denmark. Afghanistan is among the world’s worst passports.

Indian passport drops to 84th rank in Henley Passport Index 2020

Henley Passport Index 2020 has been released. The Indian passport ranked 84th in the world’s most powerful passport index 2020. Which is a drop by 2 places as it ranked 82nd in 2019. Now India provides visa-free access to 58 countries. 

For the third consecutive year the list is topped by Japan (191 countries), with Singapore (190 countries) holds 2nd place and South Korea (189 countries) drops to 3rd place alongside Germany (189 countries).

India’s ranking fell from a decade-high ranking of 74 to a low of 84 in 2020. The Henley Passport Index is the ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa.

India listed as 5th biggest Geo-political Risk of 2020

India under Prime Minister Narendra Modi has been listed as the 5th biggest Geo-political Risk of 2020. The listing was done by Eurasia Group in its report. The report states. The Top 10 Risks of 2020 are as followed:

1. Rigged!: Who Governs The US?
2. The Great Decoupling
3. US – China
4. MNCs Not to the rescue
5. India Gets Modi-Fied
6. Geopolitical Europe
7. Politics Vs. Economics of Climate Change
8. Shia Crescendo
9. Discontent in Latin America
10. Turkey

The Eurasia Group releases its ‘Top 10 Risks’ of the Year report annually considering one of the principal geopolitical indicators among global investors, multinational firms and various financial and business consultancies.

India ranks 34th in Travel & Tourism Competitiveness Index

taj mahal india travel and tourism

India’s rank in Travel and Tourism Competitiveness Index of World Economic Forum has moved to 34th position from 65th rank in 2013. Foreign Tourist Arrivals also registered a growth of 3.2 percent last year. Government is committed to make policies and programmes for the development and promotion of tourism and the year 2019 witnessed several steps in this direction.

Reducing E-visa fees, decreasing GST rates on hotel room booking and opening 120 new peaks for mountaineering are among the major highlights of Tourism Ministry in 2019. Along with these several steps taken under Swadesh Darshan, PRASHAD Scheme and various other events of Ek Bharat, Shresth Bharat were also undertaken during the year.

An initiative called – ‘Adopt a Heritage: Apni Dharohar, Apni Pehchaan’ has been launched for developing tourist amenities at heritage and tourist sites and making them tourist-friendly. E-visa has been further liberalized and visa fee on e–visa has been substantially reduced to increase tourism competitiveness of the country. The Government has also opened more than 120 mountain peaks for mountaineering and trekking for promoting adventure tourism in the country.